Part 1/10:

The Automotive Landscape Amidst Change and Challenge

The ever-evolving automotive landscape is under significant pressure as political and technological forces reshape the industry. As Donald Trump prepares to take office as President of the United States, the automotive sector is bracing for the potential impact of his proposed tariffs on imported cars and components. These looming tariffs, which could range from 25% to a staggering 200%, pose a threat to every automaker and supplier operating within the US. Such increases in costs would inevitably inflate new car prices and could lead to a downturn in vehicle sales.